Maximizing Asset Utilization and Enhancing the Long-term Value of Vehicles, Central to the KINTO Brand
Spinning off wholly owned subsidiaries to handle nontraditional car ownership models started in 2015 with premium automakers. The trend has shifted, with volume OEMs taking the lead, and Toyota’s Kinto has become a well-accepted brand in the market. Toyota’s strategy in the shared mobility space has evolved quite a lot since 2015, from being more passive to taking on a more active role now. In 2015, Toyota had several pilots running simultaneously in the car-sharing space and had several partnerships with other operators such as Uber and Getaround. But now, its stand-alone subsidiary offers services covering all use cases, ranging from a few minutes to hours or months, covering the entire breadth of user-to-ownership business models. In addition, Toyota continues to play the role of a vehicle supplier, especially now that the penetration of sustainable vehicles in shared fleets is increasing (both hybrid and hydrogen vehicles).
By 2040, Toyota plans to expand its MaaS ecosystem through car-sharing, subscription, and micromobility services, tying in with the overall strategy of fewer accidents and lesser congestion and pollution.
The following are the objectives of the analytics:
- To provide a strategic overview of Kinto's presence in the global mobility market.
- To profile the activities of Kinto in the mobility space and its portfolio expansion to include new mobility products and services.
- To provide a comparative analysis of Kinto’s activity in the mobility space in 2023 and the future.
- To understand the new mobility products and services revolutionizing the automotive industry.
- To provide strategic conclusions and recommendations.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Kinto
- Toyota
